Tag: Project Risk Management
“Unsinkable” — The Titanic and the Psychology of Ignored Risk
1. The Birth of Overconfidence In 1909, when the Titanic’s keel was laid in Belfast, the world was entering a new industrial age. The ship was a symbol of invincibility — 882 feet long, 46,000 tons of steel, and equipped with cutting-edge safety features. But that belief in perfection was its undoing.Overconfidence is not a…
Diwali and the Discipline of Risk: Finding Light in Uncertainty
1. The Festival of Illumination — and Why It Matters to Leaders Every project manager faces moments when visibility disappears — when plans falter, estimates shift, and stakeholders grow impatient.That’s when the metaphor of Diwali becomes powerful. The festival isn’t just about lighting lamps; it’s about reclaiming clarity when everything else feels uncertain.It’s a ritual…
🚀 Apollo 13 – The Anatomy of Risk and Redemption
1. The Mission That Didn’t Go as Planned By April 1970, NASA had already achieved the impossible — humans had walked on the Moon. Apollo 13 was meant to be just another chapter in a now-routine story of success. But as any project manager knows, complacency is the quietest risk of all. Just two days…
High Stakes: A Risk Management Game in App Release Gambles
Risk management is like a high-stakes poker game—you read the table, bluff threats, and play opportunities to take the pot. In 2022, I sat at such a table for an app release, where tech bugs and market flops were the opponents. What could’ve been a bust became a flush through smart plays. Let’s ante up…
Steering Through Storms: My Risk Management Voyage
Risks have a knack for showing up uninvited, but managing them well is what separates okay projects from outstanding ones. I recall a 2022 infrastructure project where supply chain hiccups from global events could’ve sunk us. Instead, proactive risk management kept us afloat and ahead. Let’s sail through risk management with a narrative lens, a…
💬 Risk Fluency: Building a Culture Where Risk Is Spoken, Not Just Written
▶️ Introduction – Why Risk Registers Alone Don’t Save Projects Most risk practices are mechanical: identify, assess, assign, archive. But real-world projects fail not because people didn’t log risks—but because they didn’t talk about them in time. This article is about making risk fluency a team trait—where people naturally surface, adapt, and act on risks…
🔍 Project Risk Management: The Unspoken, the Ignored, and the Invisible
▶️ Introduction – Not All Risks Come with a Severity Score You’ve seen it before:The risk register is tidy.RAG status is “Amber turning Green.”Everyone’s calm……Until one day, it all falls apart. How?Because the real risks were never on the radar. This article is a bold dive into the risks we don’t name—cultural, emotional, political, interpersonal—and…
🚨 Project Risk Management: From Paper Registers to Predictive Intelligence
➤ Introduction – Why Risk Management Is Non‑Negotiable Every project carries uncertainty. Unchecked risks become costly surprises; managed well, they can even become opportunities. This article examines how risk management has shifted from a reactive, manual effort to a proactive, data‑driven discipline—while preserving the human insight that makes it work. 1️⃣ Risk Management in the…
The Hidden Psychology of Project Risk: Why Smart Project Managers Fail at Risk Management
The Brandenburg Airport Paradox: When Expertise Becomes Your Enemy Picture this: You’re leading a €7 billion airport construction project. Your team has decades of combined experience. You’ve built airports before. You know construction inside out. Yet, seven years later, you’re still explaining to stakeholders why the airport isn’t operational. Welcome to Brandenburg Airport – a…
The Scope Creep Survival Guide: How I Saved a $2.3M Project (And My Sanity)
Picture this: You’re three months into what should be a straightforward six-month digital transformation project. The budget is healthy, the team is motivated, and stakeholders seem aligned. Then it happens. The dreaded coffee-break conversation that changes everything. “Oh, and can we just add a mobile app version too? Shouldn’t be too hard, right?” This is…
